Section Puc 606.02 - F-4 Petition For Authority To Issue Securities(a) Each utility shall file form F-4 "Petition For Authority To Issue Securities" with the commission and the department when it seeks authority to issue securities.(b) Form F-4 shall include the following:(1) A petition which shall include:a. A caption identifying the report as "F-4 Petition for Authority to Issue Securities" along with the name of the utility filing the report;b. Description of authorized and outstanding long term debt and capital stock;c. Amount of short term notes outstanding;d. Description of new securities;e. Description of what proceeds will be used for;f. List of exhibits attached;g. Certification statement as contained in Puc 1604.04;h. Petitioner's prayer asking for the relief requested; andi. The signature, full name, and title of the utility employee who supervised the preparation of the form;(2) Application for leave to issue securities pursuant to RSA 369:3 including a statement in reasonable detail of any proposed additions, construction or working capital requirements together with any proposed construction budget;(3) Exhibit 2, showing the estimated cost of financing including, for example, legal costs, printing, documentary tax, trustee services, financial services;(4) Exhibit 3, current balance sheet adjusted for financing with journal entries and explanations for actual, adjustments and as adjusted;(5) Exhibit 4, current income statement adjusted for financing including new interest, depreciation and taxes with entries for actual, adjustments and as adjusted;(6) Exhibit 5, statement of capitalization ratios after giving effect to the proposed financing; and(7) Exhibit 6, weighted average cost of debt.(c) The utility shall also provide the following:(1) A copy of the purchase and sale agreement for long term financing including any letter of commitment from a lender stating the details of financing;(2) A copy of the mortgage indenture;(3) A copy of terms of new common or preferred stock;(4) A resolution of petitioner's stockholders, board of directors or other governing body of petitioner, as appropriate, authorizing the proposed financing; and(5) An original and 6 copies of the petition and exhibits.(d) By submitting or signing a Form F-4 petition, the persons submitting the form agree to comply with the certification requirement as set forth in Puc 1604.04.N.H. Admin. Code § Puc 606.02
(See Revision Note at Chapter heading Puc 600) #6475, eff 3-25-97; ss by #8311, eff 3-25-05; ss by #10407, eff 9-10-13
Amended by Number 10, Filed March 7, 2024, Proposed by #13887, Effective 2/22/2024, Expires 4/22/2034 (See Revision Note # 1 and Revision Note #2 at chapter heading for Puc 600).